Recap: Universal Technical Q4 Earnings

Universal Technical (NYSE:UTI) reported its Q4 earnings results on Wednesday, November 15, 2023 at 04:02 PM. Here’s what…

Universal Technical (NYSE:UTI) reported its Q4 earnings results on Wednesday, November 15, 2023 at 04:02 PM.

Here’s what investors need to know about the announcement.

Earnings

Universal Technical beat estimated earnings by 300.0%, reporting an EPS of $0.24 versus an estimate of $0.06.

Revenue was up $59.66 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 1.0% drop in the share price the next day.

Here’s a look at Universal Technical’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.10 -0.03 0.16 0.03
EPS Actual 0.06 0.18 0.15 0.23
Revenue Estimate 148.30M 153.80M 118.05M 111.47M
Revenue Actual 153.29M 163.82M 120.00M 110.64M

To track all earnings releases for Universal Technical visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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